Haenam-gun Ranks First Nationwide in Fiscal Execution for 'Working County Administration'

Despite Budget Increase, 85.8% Marks All-Time High

Haenam-gun, Jeollanam-do, ranked first among 22 cities and counties in the province as well as nationwide city and county local governments in the 2022 second half fiscal execution evaluation conducted by the Ministry of the Interior and Safety.

According to the county on the 19th, last year Haenam-gun's local finance reached a record high of 1.3274 trillion won. Despite the increase in budget size, it executed 1.1385 trillion won, which is 85.5% of the target amount, achieving the highest execution rate.

Haenam-gun ranked first nationwide in the second half of 2022 fiscal execution evaluation conducted by the Ministry of the Interior and Safety.
[Photo by Haenam-gun]

This execution rate is not only the highest among the 22 cities and counties in Jeollanam-do but also the best performance among nationwide city and county local governments, serving as an opportunity to externally recognize the achievements of prompt and efficient fiscal execution.

In particular, in the consumption and investment sectors that practically affect the local economy, Haenam-gun exceeded the second half target amount of 137.8 billion won by 73.4 billion won, achieving an execution rate of 153.3%, playing a leading role in revitalizing the stagnant local economy amid domestic and international economic difficulties.

To actively execute the budget, Haenam-gun held department self-inspection meetings and regular progress report meetings, and made every effort to improve performance through case management of underperforming projects and checking the progress of carryover projects to resolve issues.

For projects with significant economic ripple effects and close ties to residents' lives, the county frequently checked execution forecasts to maximize expenditure expansion such as advance payments for various goods and construction fees and completion of construction within the year.

Despite the annually increasing budget size, the fiscal execution rate has also risen simultaneously, indicating that current projects are being promoted with a sense of speed.

Since entering the era of a 1 trillion won local budget in 2019, Haenam-gun operated 1.3217 trillion won last year, holding the largest scale among nationwide county-level governments. Despite the increase in budget size, the execution rate has also increased every year, reaching 85.8% last year.

County Governor Myeong Hyun-gwan stated, “Not only is the budget size increasing, but the execution rate is also rising every year, which is a green light for driving local economic vitality and promoting major projects. In 2023, we will maintain a virtuous economic cycle structure where the allocated budget is promptly invested on-site through systematic fiscal execution of major projects, revitalizing the local economy and ensuring benefits return to the residents.”

This content was produced with the assistance of AI translation services.